May 8, 2020China
As we explained in Foreign Affairs on April 27, China is trying quietly to exempt its massive Belt and Road Initiative (BRI) infrastructure loans to poor countries from its agreement to participa…
April 27, 2020Immigration and Migration
Immigration benefits the United States while hewing to the nation's founding principles.
March 26, 2020United States
Acknowledging the enormous threat to jobs and incomes posed by the coronavirus epidemic, the Federal Reserve on March 23 pledged to use “its full range of authorities to provide powerful sup…
February 7, 2020Asia
The “law of one price” holds that identical goods should trade for the same price in an efficient market. But how well does it actually hold internationally?
December 2, 2019China
U.S. tariffs cost China about $35 billion in export receipts for the first half of this year, and—even if so-called Phase One talks succeed—are set to continue sapping revenues well into 2020. Me…
October 29, 2019China
President Trump has been talking up the “massive” trade deal he expects to sign with President Xi in November. China, he said, will soon be “buying much more farm products than anybody thought po…
November 15, 2019Election 2020
Each Friday, I look at what the presidential challengers are saying about foreign policy. This week: endorsements for Joe Biden, U.S. troops, and new candidates.